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Lok Sabha passes Central Excise (Amendment) Bill ahead of GST cess phaseout on ‘sin goods’
The Lok Sabha on Wednesday passed the Central Excise (Amendment) Bill in the Lok Sabha that look to repurpose levies on 'sin goods' such as tobacco, pan masala and related products ahead of the ...
New Delhi: Ahead of next year's phase-out of a goods and services tax (GST) compensation cess, India on Monday unveiled two new tax bills in Parliament — Central Excise Duty Bill and Health Security ...
NEW DELHI, Dec 1 (Reuters) - India unveiled two new tax bills in parliament on Monday, aiming to overhaul levies on "sin goods" such as tobacco, a spice mix known as pan masala and other items, ahead ...
New Delhi: India's new tax regime for tobacco seeks to ensure that any new variants of pan masala—a category the Centre says is highly prone to tax evasion—can be brought under the proposed Health ...
Finance Minister Nirmala Sitharaman on Wednesday (December 3, 2025) said the levy of excise on tobacco will ensure that incidence of tax on the demerit good remains same even after the expiry of the ...
The provisions of the Bill will come into effect once the GST compensation cess, which is currently levied on tobacco, comes to an end. The cess will cease to exist after the Rs 2.69 lakh crore loan ...
NEW DELHI: India unveiled two new tax bills in parliament on Monday, aiming to overhaul levies on “sin goods” such as tobacco, a spice mix known as pan masala and other items, ahead of next year’s ...
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